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steadier, and it looks at this point asif u.s. exporters are doing a little better and u.s. producers are driving out some of our imports so that was good news, more econic groh. tracy: hard to tell, though, because everything's overshadowed by the fiscal cliff. do you worry, like, inflation is going to come and bite us in the butt one of these days? i mean, there's a lot of moy out there. >> well, i watch that very, very carefully, and i don't think that's an immediate risk. in regard to the fiscal cliff, i think the right thing to do is to let the tax rates go up across the board, just like they agreed to do. i think we ought to have middle income americans as well as high income americans having a reduction of those tax rate cuts we saw. tracy: take more from my paycheck, let the fed put money into the system. does it make sense at the end of the day? shouldn't i keep my money, g out there and spend it and let the fed keep theirs? >> well, that's, you got a good point, and i agree that instabilit and monetary policy is not very effective, and so i' not looking for very much from th
the u.s. should put armed guards in all schools. the comments came one week after 20 children and seven adults excludeing the gunman were killed in one of the worst mass shootings in u.s. history. >>> and what was a poorly guarded secret in washington, john kerry nominated to the next secretary of state. susan rice was believed to be the first choice, but she pulled her name out of the running after several members of congress attacked her responses to the deadly attacks in benghazi. >>> a former u.s. marine was imprisoned in mexico for four months has been reunited with his family. john hammer was released yesterday partly thanks to the work from u.s. senator bill nelson. hammer was imprisoned on a questionable charge after police found him with an antique shotgun. he says u.s. officials told him it was okay to cross the border with the gun shown here, but mexican officials accused him of violating their law. those are the headlines, randi, back to you. >>> thanks, nick. as the year winds down, we wanted to take a look back at some of the top moments in 2012. >>> today is a new day at
this morning. it's a big development in the fight against syria and a new level of u.s. involvement. we just learned within the past few hours the defense secretary leon panetta signed an order sending two patriot missile batteries to turkey. that's to assist that nation in defending against any pollible military action by syria. this move was expected as the civil war in syria destabilizes the assad regime with each passing day. in addition to this, 400 u.s. troops are going to turkey. they will be deployed to operate the missile batteries. cnn's nick payton walsh has the development. >> reporter: good morning. 400 personnel will be accompanying the batteries. let me give you history. over the past two months, we saw sporadic exchanges of fire across the border. syrian military firing into turkey causing often destruction and death. turkey often responding. that brought about this request to nato for patriot missile batteries. they're supposed to be there. this particular type better at taking out missiles in the sky rather than taking down aircraft. but this move part of a nato response. a
for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus will be back on trying to get a deal with the house speaker john boehner over taxes and spending cuts. our chief political analyst gloria borger is here to take a closer look at the agreements, the disagreements, i guess there's more disagreements than agreements. let's step back and see where these two sides stand, gloria. >> let's step back from the cliff here for a minute, wolf. and you'll see that on tax, which is of course the crux of this matter, there's a huge difference between congressional republicans who want to raise $800 billion over ten years from tax increases. and of course the white house that wants to, you know, basically double that. i mean, the white house says, we need to get more revenue from taxes. if you break apart these tax number, take a look, because of course we know, the big
to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on the back. neilback. >> i want voices of america to be heard. neil: you would be taken more seriously this time, than last time, you couldn't get to nickelodeon last time. >> we had a tough time get something recognition early in the campaign. neil: but once you burst through thank you instant street cred. >> like i said, conservatives will be heard over the next couple years, everyone said that tea party is dead, you even said that republican party is dead, there are a lot of folks who understand the critical times we're in. and this fiscal cliff, not what is happening in january but long-term imagine problems. neil: you can't win being a lighter verdict of them. version of them. >> even during the campaign, i am not being critical of
materials and technology lad a bit. the u.s. economy added 146,000 jobs in november as the unemployment rate dropped to four year low of 7.7%. today's report may not be as strong as it seemed, reporting employers added 49,000 fewer jobs in september and october than initially estimated. a preliminary reading showing consumer confidence plunging to its lowest level in four months. early december americans prepare for a potentially higher taxes at the beginning of next year. the index dropping 74.5 this month, far below november's reading of 82.7 and economists forecasts of 82.4. >> in the pits of the cme, michael tells us why dividend paying stocks are taught play regardless of next year's tax rate and charlie will share why he is bullish despite short-term volatility but let's start with phil at the cme. the dow did well today. better than expected, arguably better than expected, jobs report boosting the markets but we got consumer confidence and the fiscal cliffhanging over everything. what did you make of the markets today? >> i was disappointed we failed on that rally and shot up 1421 and
. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another run for governor against rick scott in 2014. >>> the supreme court has decided to take up two major same-sex marriage cases. the first is the defense of marriage act. the 1996 law denies federal benefits to legally married same-sex couples. right now around 120,000 legally married same-sex couples in the u.s. the second is california's proposition 8. that made same-sex marriage illegal in the state. a decision on these cases is expected next year. >>> is this the end of gangnum style mania? korean pop star psy which is the most watched video in youtube history is apologizing for an anti-american lyrics that aired in 2004. made its way around online. it included lyrics calling for the deaths of american troops serving in iraq. in his apology he said his performance was emotionally charged and, "while i'm grateful for the freedom to express one self, i learn there is some limits to what language is appropriate and i'm deeply sorry
. >>> tonight defense officials fell our pentagon correspondent jim miklaszewski that a u.s. navy s.e.a.l. was killed during the rescue operation of an american doctor in afghanistan. his name has not been released. it happened during a raids to save dr. dill let joseph. the military says the operation was ordered after intelligence showed the doctor's life was in danger. >>> just two months after winning re-election, venezuelan president hugo chavez says his cancer has returned and he's treating treatment once again in kib what. in a nationally televised speech, chaves mentioned a possible successor should his condition worsen. it's not revealed what type of cancer he has. >>> tomorrow the first fema trailers are expected to roll into new jersey, much needed temporary housing. and in new york tonight, there are new questions about why politicians for decades didn't heed warnings about what could happen if a superstorm like sandy came ashore. katie? >> reporter: good evening, lester. there was a 14-foot storm surge here on lower manhattan, completely submerging this subway station.
and fiscal cliff. have a great evening, guys. >> you too. >> thank you very much. adam: hundreds of u.s. troops along with patriot missile batteries on the way to turkey. now is this a sign that syria's escalating crisis is about to take a turn for the worst? the latest fallout from the middle east is coming up. >>> plus foreign companies fight to get into the investing game in cuba. but, all u.s. business can do is watch from the sidelines due to a 50-year-old trade embargo. new findings reveal just how badly u.s. businesses are missing out. more "money" is coming up. lo, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an en
as a result. >>> lawmakers demanded answers after the deadly attack on the u.s. consulate in benghazi, libya. well, now they will hear from secretary of state hillary clinton. she will testify before a house committee on a state department report on the september 11th attack that killed u.s. ambassador chris stevens and three other americans. the report is expected next week. >>> to politics now, he served his state as republican, left the party and turned independent and now charlie crist is officially a democrat. crist announced friday on twitter that he had signed papers switching party affiliation. some are speculating that he made the move perhaps to position himself for a run against republican governor rick scott. co coming up in 2014. >>> look at this wild police chase through the streets of miami. police say a man stole a u-haul truck and sped away from police when an officer tried to stop him. when they finally got the truck to stop, you can see it there, they drew their guns. but watch what happens next. a mob of law enforcement surrounds the truck and they break the window and ya
in syria escalating. meanwhile, u.s. is officially recognizing syria's main opposition group, as country'slyity matt representative. fox news national contract with correspondent with the latest. >> reporter: as opposition forces advance toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb, that is contains flammable materials, a napalm-like thing. >> reporter: the move to recognize elements of the syrian opposition, brought to a rebuke from russian foreign minister whose government has backed negotiation between the syrian president al-assad and the opposition, given u.s. involvement in libya and iraq to bring down their dictators, analysts predict big divisions betwe
to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000 with a steering wheel and also comes with the chairman, ceo and president of fox business exclusive and we will talk about strong earnings, released from backlog in order flow. ashley: america is growing. third quarter gdp rev
for the month of november in u.s. and canada. that is not good news for the retailer down $0.79. back to you. lori: nicole, always a pleasure could thank you. melissa: what is the hottest stock on wall street? could it be an analyst which mark on the firm of buying for bank analyst dick bove. lori: the dollar strengthening against the euro. predicting an even weaker euro zone. we are back after this. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. sshe's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >> 20 minutes past the hour, this is your fox new fox news b. defense secretary is saying u.s. intelligence services have very serious concerns about the routine use of chemical weapons in syria has the u.s. much official tells fox the syrian president is prepping a deadly nerve agent loading
spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top marketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-
at entitlement programs in 31 days. so i do believe we will let the top tax rate go for 98% of the u.s. public, will not have their taxes raised. we need to take the example from california. california did it, people voted for. melissa: goodness, california will go bankrupt and they're falling off in the ocean. i would never want to imitate california. >> california. california is doing much better. melissa: you're a great sport. thanks for coming on. we appreciate your time. >> all right. melissa: many so. country's mow powerful democrats unveiled a new tax plan aiming not so much at the rich but aimed at favorite vices. would the pain be worth the gain? >>> the government extends an olive branch to the protesters and get firebombed in return. will it swallow the morsi government and middle east security along with it? more "money" coming up. ♪ . i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... hew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery.
-11. a suspected ringleader busted for being involved in the terror attack on our u.s. consulate. what could be the real motive of the people who gave him up? >> before he becaan internation sensation he spouted off vile words targeting american service members and their families. what he said that prompted psy to say sorry. >> i am harris falkner. we begin with what millions of pro football fans call american's team in grief and disbelief in this hour. in the second saturday in a row the nfl is dealing with the tragedy. details pouring out abopouring about an unusual car crash. a teammate charged with a death of a teammate. it is in the dallas suburb of irving a couple miles from the stadium. jerry brown a practice squad player died after the vehicle he was in flipped over and caught fire. behind the wheel according to officers was his teammate josh brent the cowboys lineman. police say brent had been drinking. >> the officers were able to determine based on the objective symptoms he was displaying they felt alcohol was a factor. that's when they moved into the dwi investigation. >> casey s
. so there's something different about the u.s. this is american exceptionalism in one form or the other. and i want to talk to you two particularly about why that is. right after this take this break. ♪ if it wasn't for you ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose ♪ i'd be all lost at sea ♪ with no reason to make it through ♪ [ male announcer ] introducing the celebration diamond collection. ♪ if it wasn't for you [ male announcer ] diamonds so expertly cut, we guarantee them for life. zales is the diamond store. let love shine. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. >>> we can immediately make america's schools safer. the national rifle association as america's preimminent trainer of law enforcement and security personnel, for the past 50 years, we have 11,000 police training instructors in the nra just ready, willing and uniquely qualified to help. our
on a rampage at a sikh temple. u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians in their homes and wounding six others. number seven, striking a deal in the shooting that struck a blow to the nation. >> the man who shot congresswoman gabrielle giffords and killed six people in a ra rampage in tucson last year pleaded guilty to 19 charges. >> jared loughner was sentenced to seven consecutive life terms and 140 years. his guilty plea means he will avoid the death penalty. chicago's murder rate surged to levels not seen in almost a decade. >> it's just not the gang bangers. right now, innocent kids and women are being shot on a daily basis. >> averaging more than a mu
headlock on the u.s. market and about a million and a half members. since the late 70s yet had an influx of competition. some from japan. many in cars being built in america in nonunion states by nonunion american workers. ever since that time consumers have voted for the competitors products. as long as you have a competitive that isn't all that much you have to do to raise costs for businesses. lori: it all sounds great and makes perfect sense, but you look at the pictures we see right now in the capital, union members serious about losing the right to work status. you wonder that volatility could have a ripple effect ultimately interceding the economy. >> probably not. a majority support this move by 10 to 15-point margin. we just had a ballot initiative in michigan to prevent the legislature from passing this exact kind of law. they defeated it by 15-point margin. the polls and election results show most michigan voters support what is going on. lori: thank you for your time and your analysis on this union issue. one i think we'l will stick arod for a while. melissa: breaking news no
for joining us. have a great night. see you right back here tomorrow. ♪ lew: good evening, everybody. u.s. foreign policy in the middle east in question at this hour. violence spiring out of control in syria after 20 months of civil unrest and the deaths of at least 40,000 murdered civilians at the hands of their own government. united states and nato agreeing to deploy patriot weapons and to thwart an aso-called by assad. the missile systems to be positioned near the syria. his staff denies that and estimates if they were deploy troops, it requires 75,000 of the troops in a full ground invasion in order to seize the chemical weapon stockpile. fox news confirming they were not ordered to draft the consideration of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making t
. >> the u.s. economy is estate here. millions of families are counting on us to do something. look. it is the president's job, his job to find a solution that can pass the congress. he is the only one you can do it >> the president's response has been to make clear, he is already compromising. >> during the course of these negotiations i offered to compromise with republicans in congress. i met them halfway on taxes and and i met them more than halfway on spending. >> and the president address as in the briefing room tonight, he urged lawmars to go home for christmas. maybe even drink a little bit of eggnog, calmed down, cool off, week in order to try to work all this out. the president now headed to ally himself to spend christmas with his famly. on his way out the door he told us, see you next week whhch mes he is coming back before new year's eve in order to deal with this mess. lou: was named david axelrod who said see you later. it turns out mr. obama was paying attention. ed henry, fox news chief white house correspondent. president obama nominating senator john kerry to be t
headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow. the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell getting golden endorsement from goldman sachs today. the investment bank upgraded the struggling computer-maker saying the stock has been oversold. the dell shares rose by 4% over that news. to our top story tonight, speaker boehner and house republicans are rolling out their fiscal cliff counteroffer to the white house. includes $800 billion in new tax revenue. that is roughly half what the president was aiming for. 300 billion in discretionary spending cuts. 900 billion in mandatory spending cuts. now the white house responding just moments ago saying quote, the republican letter released today does not meet the test of balance. they don't like it. i'm joined by dan mitch chill from the cato institute for more on this. dan what do
capital spending and manufacturing is making a renaissance in the u.s. and all that would achieve market make for good earnings. david: i brought it up with our trader from the cme. most seem to be underinvested when it comes to capital equipment. 2013 might be the year they began to spend that money on their capital investments. if that happens, cannot create a boom in the center of capital equipment? >> i believe that is absolutely correct. corporate america has high margins right now, but they have come because of cost-cutting and cost-cutting and profit trend is run out right now to grow in the future i think they're going to have to invest in will have to invest in people so employment getting gradually better, you'll have to invest in technology and capital goods and i think it creates a boom in the u.s. economy along with energy, along with hosting. liz: make us some money here, what are you investing with the perspective you have articulated? >> i agree with a lot of what michael is saying, but taking little bit of a different approach. going from sector to sector, i find it very
far i'm growing demand overseas for supplies from the u.s. soybeans also dropping on slowing demand. david: peter kenny, to see his communicates, some of the best material on what is happening in the market around the world. we have him here live. and peter barnes with the latest developments on the fiscal cliff negotiations, but let's art in chicago with john, two very interesting situations continuing, drama over the fiscal cliff in d.c. and also this week we have the fed meeting. which is more important to the market? >> eventually it will be the fiscal cliff that is more important to the market, but make no doubt about it, the fed meeting with the announcement wednesday morning and wednesday afternoon is going to continue to support risk assets. you were talking about how the dollar is melting up for the fourth consecutive day. the federal reserve will make a very active effort to continue to support risk assets. whether they're equities or commodities. the metals market had a very positive day, recovering a bit with the damage done last week. risk assets are doing well, but ove
on the agenda when u.s. and russian officials met in geneva today with the u.n. peace envoy. reports say after 21 months of relentless bloodshed, they agreed it was still possible to find a political solution to the crisis. but russian foreign minister sergei lavrov insisted the meeting did not mean moscow's support for syrian president bashar al assad is weakening. fierce fighting threatening to engulf the city of damascus. >>> as that battle for the capital intensifies, the stakes are getting higher in syria, and the regime is getting even more desperate. the pentagon believes government troops have loaded bombs with sarin gas in what may be the last-ditch attempt for president assad to hold onto power. but as barbara starr reports now, a u.s. military strike on syria is not without risk. >> reporter: with the u.s. now believing the syrian government has chemical-filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a senior u.s. official tells cnn a strike could be carried out with the ships and aircraft al
has looked at a calendar lately, but we are about out of time here, folks. the u.s. economy is at stake. million upon millions of families are counting on us to do something. it is tte president's job, it is his job, to find a solution that can pass the congress. he is the only one that can do it. this is not john boehner's problem to solve. he has done his part. mr. president, how about rallying your party around a solution. how about getting democrats to support something. we simply cannot solve the problem we face unless and until the president of the united states either signs no will or develops the ability, the ability, to lead. this is a moment that calls for presidential leadership. that is the way out of this. it is that simple. does anyone wonder why we keep going from crisis to crisis around here? anybody that is a pattern? this should not be a crisis. this is an opportunity. the president again ignored it. as i said yesterday, i think it is obvious at this point that the president wants to go off the cliff. i know most of the american people do not want that. tod
'll beere, so is ralph nader nader. lashing back about how u.s. coanies are taking money out, wait until you hear him let her rip. >> but first the democrat who demanded a voioice and g one, demanded a voioice and g one, did h before copd... i took my son shing every year. we haa great spot, not easto find, but worth it. but witcopd making it hard to breathe, i thought those days might be or. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting thin five minutes. mbicort doesn't replace rescue inhaler forudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chron bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'diss our family tradition. now symbicort significantly improves my lunfunction, staing within 5 minutes. and that makes a difference in my breathing. tay, we're read r wh
it is the worst performer of the dow jones industrial. looking at the fickle number, what about u.s. stocks against other opportunities read >. >> all of a sudden up nicely, i think they have been whacked and a goodbye right here. >> they are not transparent enough. many are swirling around, you're okay? >> never you own a monopoly, they don't like to make compromises. liz: december 14 visit 14 is a. >> they are due to get the iphone. liz: what other areas do you like with china? if people are concerned about whether we will see more of a slowdown, what is your number one moneymaker? >> the telecom of australia. the reason they say that is a 6.5% dividend. which is great, up 30% this year. let's say it does nothing over the next four or ffve years and you're collecting the dividend rising at 4% per year, you look at the compound rate, it is 8%. maybe even more. liz: you still have time to be a shareholder of record. >> absolutely. you look at the point of view of other areas to invest. you can own internationally by having u.s. companies. invest internationally would be a theme i think wou
guards. after decades of gains, fewer than 12% of u.s. workers now belong to unions. in michigan, it's fewer than 18%. cnn's poppy harlow is at the state capital in lansing. how did it go? >> reporter: are an historic day in michigan. a state at the heart of organized labor in this country. one person said, if it can happen in michigan, it can happen everywhere and that's why thousands and thousands of protesters descended on the state capital fighting this legislation, which will make it legal in this state for people to work at an auto company or in public schools without being part of the union. it will be illegal for a unions or employers to mandate that employees join the union or pay any money to the union. this brings into question, what is the future of unions in america? today i had a chance to talk to the person at the heart of that debate, bob king. here is his take. does this mean the beginning of sort of a death of unions in this country? are you concerned that this is that big symbolically? >> reporter: n. >> no. i think that workers and working families are tired of lo
exchange, a deal that was shot down by u.s. securities regulators. what does bob greifeld do? he is up against a formidable player in the stock exchange, new york specializes in stocks, trading equities. these guys specializing in commodities. they have to do something competitively. why did duncan neiderauer sellout? we have a chart and we will show you. it talks about volume. if you look at the amount of trading volume, we have that charge. >> best laid plans. lori: that is double of new york stock exchange, euronext, is that what you're getting at? no. >> what i'm getting at should be on a chart right now, is volume. this is like a amazing. this is coming. move on. there we go. that tells you the story of why duncan niederauer had to sell. look how trading volume shoots up. and it has been coming down ever since. that is bad, bad things. that means if, that means that, revenues, at the new york stock exchange are in a secular decline. that is bad. that means you have to sell. melissa: and by combining with ice this remedy as lot of this. is ice becoming more popular? is trading volu
about this. stay away from materials. central banks cannot solve structural problems in the u.s. economy. lori: stocks have been benefiting from this so-called wealth effect. >> the stock market is a leading indicator. deutsche bank is saying we are seeing 1.5%, 2% growth. they are seeing growth also. we do not know how long the stock market can hang in there. lori: with, thank you. dennis: what is the hottest application on an apple device today? lori: john mcafee no longer running from police. gold off 20 bucks on ounce. back with more after this. ♪ it's a new day. if you're man with low testosterone, the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell you
the program. i would like to introduce the head of the effort. former u.s. congressman, former u.s. attorney for arkansas, and former minister of the u.s. drug enforcement agency -- connell: an extraordinary set of statements just made from washington. among other things, the nra would like to arm every school in the nation. that is what he just said. armed guards, armed police officers, as he put it, every single school in the united states following the shootings and newtown, connecticut. he said the only thing that will stop a bad guy with a gun, is a good guy with a gun. the message that it sends, as he put it, schools are now the safest place to inflict the maximum amount of mayhem. we have seen statements to match it coming out of washington. that may have been the most dramatic political statement that you will see, or have seen this week. we saw a couple other things during that statement. while we were watching, we saw one protester come in and hold up a sign. while peer had to stop and then he eventually continued. >> the predators of the world know it and exploited. that must chan
in benghazi. meanwhile former u.s. ambassador to the snuchlt john bolton explains why he thinks all of this suspect had aing. >> i think they had come to a political conclusion it was too costly for the nomination to go forward and she wanted to get her $0.02 on that. i wouldn't be surprised after a few friendly interviews there is more discussion about it. i think the administration wants to get this off the radar screen. >>> massachusetts democratic senator john kerry is now believed to be president obama's top choice to replace hillary clinton and secretary of state. don't expect ambassador tore rice to dispier. she is being mentioned as a pick for national security advisor a very important job that does not require senate confirmation and it is on the schedule to meet with president obama later on today. heather? >> thank you so much. no senate confirmation. that might be key. now it is time for a look at who is talking. >> charles krauthammer looking at his reason why he believes rice heyed the decision. >> had she been nominated benghazi scandal above been on the front page. w
left to stop the u.s. from going over the fiscal cliff. staff and speaker john boehner's office telling fox business the lines of communication open, but it's an empty house in washington. look at these pictures. house members on their long weekend break, and the senate is out until monday, but not before working out logistics for a big event. a private screening of steven spielberg's lincoln at the capital. now, harry reid using his time to take a special waiver to allow unbuttered popcorn in the auditorium. that's what passes for work these days. the president's holding another campaign style event as the middle class families, and with more, michael burgess of texas. congressman, great to have you object show again. >> great to be with you, thank you. gerri: everything's hanging in the banse, economy, middle class income, taxes, you name it, and you and your fellow house members are not going to work. >> well, wait, this is a 24-hour day job, seven days a week. i'm in new york tomorrow looking at the hospitals affected in hurricane sandy, and i feel like i need to do the ground work
. mitch mcconnell attempted to bring up the president's plan for a vote in the u.s. senate, a plan $1.6 trillion in tax increases, hundreds of billions of dollars in spending cuts, a limited debt ceiling for the president. democrats blocked the vote and democratic republicans to the only reason is because the plan is unserious. this is washington, back to you. liz: we have a lower third banner that says we can probably solve this in a week according to the president. >> if he said if republicans relent on raising tax rates on $250,000 per year. david: always the question of if you'll take over the power, rich edson is they're following it all for us. coming up, more on what is happening in washington, the chief number cruncher on the heritage foundation here to tell us why they're increasing taxes 25%. liz: pandora shareholders may be singing the blues after the stock plummeted 20% at one point today after beating earnings estimates but admitting it will swing to a loss. ask any internet radio pioneer and ceo joe kennedy why he is whistling a much better tune despite that. next. liz:
toward another recession. without a deal u.s. gdp expected to take a serious hit. our unemployment rate expected to skyrocket, but even with the deal some say the u.s. economy may fall. i am joined now by an economics professor for the university of maryland. welcome back to the show. i know you get pulled on this all the time by different groups. what are you expecting out of the economy? what do you say? with the deal what happens to the economy? without a deal what happens? >> some kind of deal, the economy continues to grow very slowly. we are doing all this spending to prop up the economy because the fundamentals are right. all of the things the obama administration has done have been anti growth, whether energy policy, trade with china, reregulation of wall street. and now this, taxing all those jobs creators, all those small businesses. i don't know why you would want to invest in this country now. gerri: let me ask you this. the congressional budget office has out its numbers. if the fiscal cliff hits they say u.s. gdp would shrink by half a percentage point and that unemploymen
the men are u.s. citizens. originally though from pakistan. they could get life in prison. there is a stalemate. let's not kid ourselves. that's the quote today from speaker of the house john boehner about the battle over the so-called fiscal cliff. that's the combination, of course, of spending cuts and exexpiring tax breaks set to kick in about a month from now. economists say it could cause another recession. today, the president visited a toy factory in pennsylvania to make his case for his plan. he is asking americans to pressure congress to extend tax cuts for the middle class right now. in fact, extend tax cuts for everybody for the first $250,000 of income. so the families won't have to worry about a new year's day tax hike. republic leaders say letting the tax cuts expire on income of more than $250,000 would hurt small businesses and, as they call them. job creators. let's get to ed henry who is with us from the white house tonight. president says the election proved most americans are on board with this plan. >> that's right. he, without using the word thinks he
: amazing. former shell president john hofmeister joins us on whether or not the u.s. should export or our plentiful supply of natural gas. and heading out to break the vacancy micron technology's trading up almost 4%. we will be right back. lori: stocks now as we do every 15. let's head to the floor of the new york stock exchange and nicole petallides. "barron's" out with picks for 201 and how are the particular names doing? >> let's check them out. these are hot stocks to watch not only today but also through the next 52 weeks going into 2013. these are the top picks. apple being of course a name we focused on so often but you can see that is certainly in the top 10 there. some of the other names include blackrock, general dynamics, jpmorgan chase, viacom, western digital. those are some of the ones we're also taking a look at that are on the move. these are all the names baron picked going into 2013 as their top list. they say their favorite could produce gift teen% to 20% total returns including dividends for next year. they're talking about postively about marathon petroleum. these ar
tosherry, secularize it and to eliminatety the liberty crushing aspects the euro one you wrote that u.s.liby amba policymakers opposed by christopher stevens havelaw sacrificed u.s. lives, ourou as, nation is ignoring sharia lawy and practices. you assert that the islamic totalitarianism, you are saying that it has a tutorial at terry and winter.ave a sular >> we have those that we chosea, to undermine and replace. hosnib mubarak, even the odious qadhafi. yet what is their replacement?n the replacement from the get-goo we actually supported them of muslim brotherhood jihadist to have a supremacist outlook. and we are still, the late ambassador stevens unfortunateln chose to go intofo the jihadisti hotbed in libya, which dates back to our borders. they were fighting then. thank you so much for being witn us. lou: as the housing market really recovering? $17 trillion is riding on the answer. thes ceo of charles schwab joins us next the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping
menches who had his wish list on their wish. john hammar is out of prison and on the way home. a u.s. marine held in one of mexico's notorous prisons for mongs now back on u.s. soil and head back home for christmas. he tried to do the right thing but authorities at the border didn't see it that way. new details on his return to america and freedom. >> also we rarely hear anything from the cia about covert operations. but this movuv has the secretative organization speaking out. america's top fipefive reacting to the film of the capture of osama bin laden. the crit terof zero dark 30. >> and a shopping cart with a baby inside rolls out of a parking lot and straight into oncoming traffic . >> i am harris faulkner and we begin with a taste of freedom. an end to an ordeal that drew outrage in america. it started in august. 's 27 year old combat veteran was headed to corsa ricka on a trip. it belonged to his great grandfather. hammar attempted to clear it and they arrested him saying that the gun was illegal. they threw him in a lock up . those thungs the place. they threatened his life.
in the u.s.a. 10 times the number than in 1980. that sounds bad, doesn't it? what the paper does not, does not tell you is that violent rhyme in -- crime in america has been cut in half since the tough mandatory prison sentences were instituted. the country is much safer because hard core criminals are doing hard time. that's a fact. no one should feel sorry for killers, rapists and drug pushers. now, because i do commentary like this, laying out the progressive agenda, i'm a big threat to them. listen to this incredible sound bite from committed left wing guy harry bell belafonte he says people like me who oppose president obama and liberal agenda on some things should be dealt with. >> what fascinates me is that in the phase of millions of americans expressing their desire the whole political establishment defining its game that there should be this lingering infestation of really corrupt people who sit trying to dismantle the wishes of the people, the mandate that has been given to barack obama and i don't know what more they want. the only thing left for barack obama to do is to organi
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